Walker & Dunlop, Inc. announced that it structured $164,000,000 in financing for The Goodtime Hotel, located in Miami Beach, Florida. The boutique hotel's main attraction is the food and beverage offering, which is managed by David Grutman's Groot Hospitality. Complete with a pool, restaurant, and a club with curated DJ performances and live music, the 26,000 square-foot amenity deck is a destination unto itself. With an emphasis on design, generous common spaces, independent branding, and superior food and beverage options, the hotel opened to much fanfare in April 2021 and was well-positioned to serve the growing demand for experiential hospitality, with a high volume of booking throughout the summer. The 266-key luxury hotel features approximately 46,000 rentable square feet of ground floor retail as well as 242 parking spaces. The financing was arranged by Walker & Dunlop's Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Ari Hirt, and Sean Bastian, who identified JP Morgan as the ideal capital source for the financing. The team arranged a three-year, interest-only bridge loan with two one-year extension options on behalf of their client, Dreamscape.